… More coal resources are discovered
….Production to start next year
Botswana Stock Exchange (BSE)-listed Minergy Limited has announced that drilling and exploration conducted at its Masama Coal project during 2017 had established a significant increase in the size of the coal reserves. The recent Competent Persons Report (CPR) found that the quality of the coal was also better than previously indicated. “Comparing the 2016 and 2017 estimates, the total coal resource for the project area increased from 347.1 Mt to 389.9 Mt, an improvement of 12 percent.
“Of this, the opencast area has increased from 71.2 Mt to 82.3 Mt, which translates into 25 years of opencast operations,” said Minergy CEO, Andre Bojé, adding that management was exceptionally pleased with the revised CPR and especially the improved yields. This is good news for the company, which listed on the BSE in April 2017 and plans to build an opencast coal mine at Masama with the potential to produce 2,4 Mt per annum.
The company will focus on delivering high-quality coal to the regional market, including Botswana and South Africa as well as to the export market. The Masama Coal Project, located in the south-western corner of Botswana’s Mmamabula coalfield is near to existing rail, road and water infrastructure. It also has significant distance advantages over existing competing suppliers to regional customers, which attributes offer great potential for the southern African region and the export market.
The size of the resource also supports scalable production, presenting an opportunity to provide export coal to traders who supply India, China, and other areas of Asia, as well as Europe, should international coal price remain stable. Bojé stated that for the first time a measured resource was declared totalling 12.7 Mt and the overall indicated resource increased from 61.7 Mt to 73.2 Mt, a 19 percent increase.
“The exploration programme vindicates our decision to focus on a reduced area of the overall prospecting area with a view to a long-term project supplying the regional market and ultimately the seaborne thermal coal market.” While average raw coal qualities for the project remained similar, inherent moisture was notably lower and the A Seam in the underground areas showed considerably improved qualities. Bojé said that theoretical yields of the primary product were considerably improved where the theoretical yield improved from 63 percent to 66.4 percent. Minergy will be the second producer of coal in Botswana, and is committed to being on the forefront of developing a vibrant coal industry in the country. “All our timelines for the project have now been met and we are confident of being in production in the third quarter of 2018,” concluded Bojé.
Cell City rewards customers
Cell City gave away two Toyota Hilux pick up cars worth about P300 000 and three Hisense televion sets worth P15 000 each to their customers through their annual competition.
In partnership with Hisense and Orange Botswana, Cell City conducts annual competitions to reward their customers and contribute to citizen empowerment. Handing over the cars on Friday, Cell City Chief Executive Officer, Brian White said through the competition they want to satisfy their customers and give back to the community. “Cell City and Orange clients were given a chance to win either a Toyota Hilux pickup or a Hisense television set.
All they had to do was purchase any Hisense mobile phone from a Cell City or Orange retail outlet and fill in the competition form in the store,” said White.Thato Ntshabele, who won one of the cars told the Business Trends that she bought a Hisense cell phone worth P900. 00.
“I never expected that I can win a car. I was just filling the forms and dropped into the entry box and I forgot about it. I am so happy to receive this prize and I thank Cell City for this opportunity,” said Ntshabele. Another winner, Dimakatso Mmusi expressed his excitement saying he had always wanted a van and he is grateful to Cell City.
“I just bought a cell phone worth P899.00 at Cell City Railpark mall, I never expected anything, and I was just submitting the form as I was requested by the shop assistants. This car is very useful to me,” said Dimakatso.
Smecha chillie hits the shelves
For the love of food and the passion to apply modern technology processes in food manufacturing locally, Kgalaletso Mothoagae established her own brand, Smecha specializing in relishes.
She processes and packages chillie in 325 gramms and 1 litre bottles selling at P50 and P150. She told the Business Trends that she decided to process chillies as it is one of the products that are rarely processed in the food industry.
She started cooking it for home consumption and later started selling to friends and currently the product has gone beyond borders at South African Spar shops and Restaurants. “I couldn’t look for any other vegetable as most of them have already been processed in the market. It is my first product of research in the food industry so I found out that I can do good business with this product. This chillie is free from preservatives but still has extended shelf life of 6 months,” said Mothoagae
The Kanye born young lady studied food technology and has the passion to explore the food processing market in Botswana and contribute to reduce the high food import bill. “I wanted to explore more about food and use my skills to contribute to the development of the local food processing and manufacturing industry. I also wanted to supplement my income at the same time,” said Mothoagae.
She has a degree in Food Technology. She says there is a lot of potential for business growth as there is a demand for the product locally and in South Africa. “My main customers are individuals in homes, they have embraced the product, and they love the taste. There is also a market that has been secured in SA; it is available in several shops like spars and some restaurants”. In future, Mothoagae said she would increase the product range to 10 using various vegetables and flavours.
Batswana’s sorry lives
Tobacco also kills non-smokers
YOGA AN EFFECTIVE TOOL TO FIGHT NCDS
‘Bogadi is not Setswana culture’ – KgosiKwena Sebele
“Send him to prison”
Business Botswana media sectors calls for media levy
News3 weeks ago
Bushiri’s followers in Botswana unfazed
News3 weeks ago
Lawyers turn Gaborone South into their electoral battlefield
News4 weeks ago
Woman raped by another woman in BMW
News4 weeks ago
Batswana refuse to snitch
News5 days ago
Alleged thief attacked in Gabane this morning
News7 days ago
Ian Khama’s ‘blue-eyed boy’ Nkarabang kicked out of OP
Columns3 weeks ago
Kgosi cannot go down alone
News2 weeks ago
UB ’s academic shame